DETROIT, MI — A self-proclaimed shaman with multiple aliases and a criminal history has been arrested on federal fraud charges linked to a multi-million dollar scheme targeting investors. Bobby Shumake …
securities fraud
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By Rob Wolchek and David Komer Robert Shumake is a figure known for constantly reinventing himself—whether as a businessman, author, or spiritual leader of a church. However, one constant in …
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A former CNBC analyst, James Arthur McDonald, 52, was arrested over the weekend after being charged with defrauding investors, federal prosecutors announced on Monday. McDonald, who was a frequent guest …
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Carlos Watson, the founder of Ozy Media, and the company itself were found guilty of fraud by a Brooklyn federal jury on July 16. The conviction stems from accusations that …
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Baba Nadimpalli, the founder and former CEO of San Francisco-based artificial intelligence startup SKAEL Inc., is facing serious charges for allegedly defrauding investors out of millions. Federal prosecutors have charged …